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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

JANUARY 12, 2023

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 That was back in 1969. What does all of this mean? So is Walmart.

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Merchant Services Consumer Management Department Stores 111
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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

FEBRUARY 28, 2023

By Tricia McKinnon Forever 21 used to be top of mind for teens and twenty somethings but then things slowly began to change. Now popular online fashion retailers began to popup with ASOS launching in 2000, Boohoo and Fashion Nova launching in 2006 and Shein launching in 2008. An inability to leverage social media effectively.

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